Vanshika

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Budget 2026: Will Industries and Taxpayers Get Relief They Hoped For?

Budget 2026: Will Industries and Taxpayers Get Relief They Hoped For? Finance Minister Nirmala Sitharaman is set to present the Union Budget for 2026-27, which...

TDS Compliance for Non-Residents Under Section 195 of Income Tax Act

TDS Compliance for Non-Residents Under Section 195 of Income Tax Act A person is treated as a non-resident under the Income-tax Act if they do...

Genuineness of Unsecured Loans Proved: ITAT Mumbai Dismisses Revenue Appeal

Genuineness of Unsecured Loans Proved: ITAT Mumbai Dismisses Revenue Appeal The ITAT Mumbai dismissed the Revenue’s appeal, holding that the assessee had proved the genuineness...

Depreciation on Goodwill Arising from Slump Sale Allowed by ITAT

Depreciation on Goodwill Arising from Slump Sale Allowed by ITAT ITAT Mumbai held that goodwill arising from a slump sale of a going concern is...

Big Relief for Employees: Centre Approves Wage and Pension Revision for RBI, NABARD and PSGICs

Big Relief for Employees: Centre Approves Wage and Pension Revision for RBI, NABARD and PSGICs The Ministry of Finance recently shared a press release on...

ITAT Deletes Rs 75.61 Lakh Interest Disallowance for Interest-Free Business Advances

ITAT Deletes Rs 75.61 Lakh Interest Disallowance for Interest-Free Business Advances ITAT deleted the interest disallowance of Rs. 75,61,721, holding that the interest-free business advances...

MoF Announces Date and Exam Pattern for Customs Brokers Licensing Exam 2026

MoF Announces Date and Exam Pattern for Customs Brokers Licensing Exam 2026 The online written examination for the Customs Brokers Licensing Examination for 2026, as...

Fake Transactions, Forged Filings: GST ‘Expert’ Accused in Rs 10 Crore Scam

Fake Transactions, Forged Filings: GST 'Expert' Accused in Rs 10 Crore Scam The Economic Offences Cell has filed a case against Naqeeb Mulla for allegedly...

Six Common Reason of Late Tax Refunds and How to Solve Them

Six Common Reason of Late Tax Refunds and How to Solve Them If you’ve already filed your Income Tax Return (ITR) but haven’t seen your...

Maruti Suzuki Receives Rs 11,825 Million Income Tax Demand Order

Maruti Suzuki Receives Rs 11,825 Million Income Tax Demand Order Maruti Suzuki India Limited, India’s largest automobile manufacturer, primarily focused on the manufacturing, sale, and...

GSTAT Allows Relaxation in Scrutiny of Appeal Filings for Initial Six Months

GSTAT Allows Relaxation in Scrutiny of Appeal Filings for Initial Six Months The GST Appellate Tribunal, New Delhi, under the Ministry of Finance, recently shared...

CBDT Notifies Income Tax Exemption for Tamil Nadu e-Governance Agency under Section 10(46)

CBDT Notifies Income Tax Exemption for Tamil Nadu e-Governance Agency under Section 10(46) The Central Board of Direct Taxes (CBDT) under the Ministry of Finance...

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